5.8 / 10
 Chennai

Electrical and analytical instrument supplier based in Chennai, seeks loan to expand.

Key Business Facts
Yearly Sales USD 700 thousand
EBIDTA Margin 10 - 20 %
Industries Scientific Equipment
Locations  Chennai
Business Overview
- Business is a supplier and service provider for electrical and analytical instruments.
- We are based in Chennai and have clients in Kerala and Andhra Pradesh as well. We are planning to expand in southern India eventually.
- We source our products from 7 local vendors and manufacturing units.
- Business is new and we currently have sundry customers who are mainly pharmaceutical companies, wholesale shops, and private customers.
- We are also in contact with 450+ potential clients to take further orders.
- The owner has 10+ years of experience in this industry and enough knowledge about the mechanics of instruments and technical know-how.
Products & Services Overview
Business provides electrical instruments, analytical instruments, general lab equipment, microscopy, life science equipment, chromatography columns, and other instruments like RT- PCR equipment, DNA Sequencer, UV VIS, spectrophotometer, FTIR, microscopes, etc.
Assets Overview
Business owns a 2,400 sq. ft. warehouse in Chennai and inventory.
Seeking Loan
USD 30 thousand for 10.0% annual interest, 10 years (Native Currency: INR 2,500,000)
Reason: Seeking funds for expansion.
Collateral Available: USD 60 thousand
Includes physical assets worth USD 90 thousand
Interested to connect with advisors
In talks with 2 Investors
Contact Business